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Market Research Report
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1027999

North America Cocoa Market Forecast 2021-2028

Published: | Inkwood Research | 123 Pages | Delivery time: 2-3 business days

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North America Cocoa Market Forecast 2021-2028
Published: September 14, 2021
Inkwood Research
Content info: 123 Pages
Delivery time: 2-3 business days
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  • Description
  • Table of Contents
Description

KEY FINDINGS

The North America cocoa market is expected to progress at a CAGR of 3.80% during the forecast period, 2021-2028. The region has the presence of big domestic companies. It has also been the dominant market for cocoa products with regard to production, consumption, and innovations. In addition, there is an increasing awareness among people in terms of the health benefits of cocoa products.

MARKET INSIGHTS

Canada and the United States are evaluated for the North America cocoa market growth analysis. The food & beverage sector is the second-largest manufacturing industry in Canada, generating more than $112 billion in production value. Also, there is a surging demand for cocoa with the increasing number of cafes, restaurants, catering businesses, food manufacturing operations, bakeries, etc.

Further, the country leads in the North American region. It exported the highest dollar value worth chocolate during 2020, 5.6% of total chocolate exports. Additionally, it is among the largest chocolate consumers worldwide. Its average consumption is 6.4 kgs per year, 1 kg more than the US, as per the Inter-American Institute for Cooperation on Agriculture.

Moreover, the bakery and confectionery industry in North America is estimated to witness growth, given the growing preference for low-sugar confectioneries. Furthermore, there is a growing demand for cocoa-rich and organic chocolates and bakery products.

COMPETITIVE INSIGHTS

Some of the key firms in the market include: Touton SA, Bloomer Chocolate Company, Cargill Incorporated, Puratos Group, The Hershey Company, etc.

Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Table of Contents
Product Code: 40355

TABLE OF CONTENTS

1. RESEARCH SCOPE & METHODOLOGY

  • 1.1. STUDY OBJECTIVES
  • 1.2. SCOPE OF STUDY
  • 1.3. METHODOLOGY
  • 1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

  • 2.1. MARKET SIZE & ESTIMATES
  • 2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

  • 3.1. KEY DRIVERS
    • 3.1.1. RISE IN DEMAND FOR CHOCOLATE
    • 3.1.2. HEALTH BENEFITS OF COCOA
  • 3.2. KEY RESTRAINTS
    • 3.2.1. LOW PRODUCTIVITY
    • 3.2.2. PRICE FLUCTUATIONS OF COCOA

4. KEY ANALYTICS

  • 4.1. IMPACT OF COVID-19 ON COCOA MARKET
  • 4.2. KEY MARKET TRENDS
  • 4.3. PORTER'S FIVE FORCES ANALYSIS
    • 4.3.1. BUYERS POWER
    • 4.3.2. SUPPLIERS POWER
    • 4.3.3. SUBSTITUTION
    • 4.3.4. NEW ENTRANTS
    • 4.3.5. INDUSTRY RIVALRY
  • 4.4. OPPORTUNITY MATRIX
  • 4.5. VENDOR LANDSCAPE
  • 4.6. VALUE CHAIN ANALYSIS
    • 4.6.1. PRODUCTION
    • 4.6.2. TRANSPORTATION
    • 4.6.3. TRADERS AND GRINDERS
    • 4.6.4. CONSUMER PRODUCT MANUFACTURERS
    • 4.6.5. RETAIL

5. MARKET BY PROCESS

  • 5.1. DUTCH-PROCESS
  • 5.2. NATURAL PROCESS

6. MARKET BY QUALITY

  • 6.1. BULK
  • 6.2. SPECIALTY
  • 6.3. FINE FLAVOR

7. MARKET BY PRODUCT

  • 7.1. COCOA LIQUOR
  • 7.2. COCOA POWDER
  • 7.3. COCOA BUTTER

8. MARKET BY TYPE

  • 8.1. CONVENTIONAL
  • 8.2. ORGANIC

9. MARKET BY APPLICATION

  • 9.1. CONFECTIONARY
  • 9.2. FOOD & BEVERAGE
  • 9.3. BAKERY
  • 9.4. OTHER APPLICATIONS

10. GEOGRAPHICAL ANALYSIS

  • 10.1. NORTH AMERICA
    • 10.1.1. MARKET SIZE & ESTIMATES
    • 10.1.2. KEY GROWTH ENABLERS
    • 10.1.3. KEY CHALLENGES
    • 10.1.4. KEY PLAYERS
    • 10.1.5. COUNTRY ANALYSIS
      • 10.1.5.1. UNITED STATES
      • 10.1.5.2. CANADA

11. COMPETITIVE LANDSCAPE

  • 11.1. KEY STRATEGIC DEVELOPMENTS
    • 11.1.1. MERGERS & ACQUISITIONS
    • 11.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
    • 11.1.3. PARTNERSHIPS & AGREEMENTS
    • 11.1.4. BUSINESS EXPANSIONS & DIVESTITURES
  • 11.2. COMPANY PROFILES
    • 11.2.1. ARCHER DANIELS MIDLAND (ADM)
    • 11.2.2. BARRY CALLEBAUT AG
    • 11.2.3. BLOOMER CHOCOLATE COMPANY
    • 11.2.4. CARGILL INCORPORATED
    • 11.2.5. FERRERO GROUP
    • 11.2.6. GUAN CHONG BERHAD
    • 11.2.7. LINDT & SPRUNGLI AG
    • 11.2.8. MEIJI HOLDINGS CO LTD
    • 11.2.9. MONDELEZ INTERNATIONAL INC
    • 11.2.10. NATRA SA
    • 11.2.11. NESTLE SA
    • 11.2.12. OLAM INTERNATIONAL LTD
    • 11.2.13. PURATOS GROUP
    • 11.2.14. THE HERSHEY COMPANY
    • 11.2.15. TOUTON SA

LIST OF TABLES

  • TABLE 1: MARKET SNAPSHOT - COCOA MARKET
  • TABLE 2: NORTH AMERICA COCOA MARKET, BY PROCESS, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 3: NORTH AMERICA COCOA MARKET, BY PROCESS, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 4: NORTH AMERICA COCOA MARKET, BY QUALITY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 5: NORTH AMERICA COCOA MARKET, BY QUALITY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 6: NORTH AMERICA COCOA MARKET, BY PRODUCTS, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 7: NORTH AMERICA COCOA MARKET, BY PRODUCTS, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 8: NORTH AMERICA COCOA MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 9: NORTH AMERICA COCOA MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 10: NORTH AMERICA COCOA MARKET, BY APPLICATIONS, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 11: NORTH AMERICA COCOA MARKET, BY APPLICATIONS, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 12: NORTH AMERICA COCOA MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 13: NORTH AMERICA COCOA MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 14: LEADING PLAYERS OPERATING IN NORTH AMERICA COCOA MARKET
  • TABLE 15: LIST OF MERGERS & ACQUISITIONS
  • TABLE 16: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
  • TABLE 17: LIST OF PARTNERSHIPS & AGREEMENTS
  • TABLE 18: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

  • FIGURE 1: KEY MARKET TRENDS
  • FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
  • FIGURE 3: OPPORTUNITY MATRIX
  • FIGURE 4: VENDOR LANDSCAPE
  • FIGURE 5: VALUE CHAIN ANALYSIS
  • FIGURE 6: NORTH AMERICA COCOA MARKET, GROWTH POTENTIAL, BY PROCESS, IN 2020
  • FIGURE 7: NORTH AMERICA COCOA MARKET, BY DUTCH-PROCESS, 2021-2028 (IN $ MILLION)
  • FIGURE 8: NORTH AMERICA COCOA MARKET, BY NATURAL PROCESS, 2021-2028 (IN $ MILLION)
  • FIGURE 9: NORTH AMERICA COCOA MARKET, GROWTH POTENTIAL, BY QUALITY, IN 2020
  • FIGURE 10: NORTH AMERICA COCOA MARKET, BY BULK, 2021-2028 (IN $ MILLION)
  • FIGURE 11: NORTH AMERICA COCOA MARKET, BY SPECIALTY, 2021-2028 (IN $ MILLION)
  • FIGURE 12: NORTH AMERICA COCOA MARKET, BY FINE FLAVOR, 2021-2028 (IN $ MILLION)
  • FIGURE 13: NORTH AMERICA COCOA MARKET, GROWTH POTENTIAL, BY PRODUCTS, IN 2020
  • FIGURE 14: NORTH AMERICA COCOA MARKET, BY COCOA LIQUOR, 2021-2028 (IN $ MILLION)
  • FIGURE 15: NORTH AMERICA COCOA MARKET, BY COCOA POWDER, 2021-2028 (IN $ MILLION)
  • FIGURE 16: NORTH AMERICA COCOA MARKET, BY COCOA BUTTER, 2021-2028 (IN $ MILLION)
  • FIGURE 17: NORTH AMERICA COCOA MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020
  • FIGURE 18: NORTH AMERICA COCOA MARKET, BY CONVENTIONAL, 2021-2028 (IN $ MILLION)
  • FIGURE 19: NORTH AMERICA COCOA MARKET, BY ORGANIC, 2021-2028 (IN $ MILLION)
  • FIGURE 20: NORTH AMERICA COCOA MARKET, GROWTH POTENTIAL, BY APPLICATIONS, IN 2020
  • FIGURE 21: NORTH AMERICA COCOA MARKET, BY CONFECTIONERY, 2021-2028 (IN $ MILLION)
  • FIGURE 22: NORTH AMERICA COCOA MARKET, BY FOOD & BEVERAGE, 2021-2028 (IN $ MILLION)
  • FIGURE 23: NORTH AMERICA COCOA MARKET, BY BAKERY, 2021-2028 (IN $ MILLION)
  • FIGURE 24: NORTH AMERICA COCOA MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
  • FIGURE 25: NORTH AMERICA COCOA MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
  • FIGURE 26: UNITED STATES COCOA MARKET, 2021-2028 (IN $ MILLION)
  • FIGURE 27: CANADA COCOA MARKET, 2021-2028 (IN $ MILLION)